Bartercard Expands UK Growth With Move Into Ireland

In 1991
Bartercard opened a single office in Queensland�s Gold Coast,
Australia. Today the company which operates 120 offices worldwide in
17 countries announced the license for Ireland has been sold for
EU550,000 or US$690,000. Operations will begin in early 2007.

It�s already
been quite an eventful year for Bartercard. CEO Wayne Sharpe
explained, �The sale of the Irish license, following the recent
license sales of Saudi Arabia and Syria, is a fantastic result,
given that we are still in the first quarter of the current
financial year.�

Ireland is
expected to become a natural trading partner for members of
Bartercard�s UK operation, (Much like Bartercard�s New Zealand and
Australia operations are trading partners.) Additionally, Sharpe
believes that Ireland can be a valuable stepping stone into
Continental Europe, due to its participation in the euro currency.

Turkey Provides
Assist In Building European Awareness

Bartercard
International Managing Director Andrew Federowsky says the company�s
operations in Turkey, which commenced in March, 2006, are extremely
important to the company and will also provide a bridge for the
company�s further expansion into Europe as well as the Middle East.

The head
office for the Turkey operation is located in Izmir which is very
close to Greece. Managing Director of Bartercard Turkey, Mose Elis,
says the building of brand awareness in Europe will be a natural
because, �we have so many connections to Europe through trade and
tourism.�